NOT LISTED FOR SALE

Estimated Value: $446,000 - $597,000

4 Beds
2 Baths
2,232 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $550,000 $246 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,197/month

2 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Zoned Heating and Cooling System
  • Private Lot
  • No HOA
  • Ceiling Fan

About This Home

As of May 2024

Welcome home to Historic Adair Gardens in Fountain City! New owners will appreciate the preserved historic and updated finishes of this remarkable brick and batten Tudor residence. Step upon the Tennessee Marble front patio and through a restored wooden half-light entry door to the great room, featuring a coffered ceiling, restored built-in cabinets, and a wood-burning fireplace. The great room leads to the dining room and galley kitchen, updated with quartz countertops, modern cabinets, stainless appliances, and a gas range. The dining room opens to a covered and uncovered flagstone patio through french doors. Owners will love the fenced, flat yard and mature landscaping! Off the kitchen is a laundry area and small hallway connecting two bedrooms, a full bathroom with vintage subway and penny tile, and stairway to a large basement. Upstairs is the owners suite featuring a garden tub, large walk-in shower, and vaulted ceilings! A fourth bedroom may be also be a nursery or home office. Included in the offering is a second deeded lot, currently used for parking, but may also provide space for an ADU, large garden or vineyard, and more! (see city ward map for approximate boundaries). The detached garage provides current storage and potential for restoration. Though only blocks from Broadway and I-640, Historic Adair Gardens is a quiet and peaceful neighborhood of exceptional vintage homes within walking distance to pubs, coffee shops, fresh vegetable markets, and restaurants in North Knoxville. Rarely does a home of this caliber become available- schedule your showing today!

Last Agent to Sell the Property

Laurence Eaton

Hemlock Realty LLC License #348252 Listed on: 04/18/2024

Last Buyer's Agent

Michelle Mears

ReMax Preferred Properties, In

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,163

Year Built

  • Built in 1927

Lot Details

  • 0.33 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Private Lot
  • Historic Home

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,232 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Dishwasher
  • Washer and Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Gresham Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Adair Gardens Subdivision

Listing and Financial Details

  • Property Available on 4/19/24
  • Assessor Parcel Number 058MB018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,163

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Directions: From Broadway in Fountain City, go east on Adair Drive. Home is on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1927
  • Lot Size Acres: 0.33
  • Subdivision Name: Adair Gardens
  • Architectural Style: Historic
  • Property Attached Yn: No
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1421.0
  • General Property Description:SqFt - Down Lvl: 1421.0
  • General Property Description:SqFt - 2nd Flr Lvl: 811.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Lot Description:Private: Yes
  • Floors:Tile2: Yes
  • Style:Historic: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Wood Burning: Yes
  • Basement:Unfinished: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • Exterior Features: Fence - Wood, Prof Landscaped
  • Lot Features: Private
  • Construction Type: Brick, Frame
  • Construction:Frame: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Fence - Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes

Schools

  • High School: Central
  • Middle Or Junior School: Gresham

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 058MB018
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2024-04-19

Tax Info

  • Tax Annual Amount: 2162.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 17, 2024
Sold by
Jobe Carolyn S and Jobe Brian R
Bought by
Moriarty Daniel P and Moriarty Kaitlyn S
Seller's Agent
Laurence Eaton
Hemlock Realty LLC
Buyer's Agent
Michelle Mears
ReMax Preferred Properties, In
List Price
$534,900
Sold Price
$550,000
Premium/Discount to List
$15,100
2.82%
Views
45
Current Estimated Value
$530,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,180
Avg. Annual Appreciation
-2.71%
Original Mortgage
$522,500
Outstanding Balance
$516,126
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$14,694

Purchase Details

Listed on
Aug 29, 2022
Closed on
Nov 21, 2022
Sold by
Peppers Kathleen S and Peppers Rachelle M
Bought by
Jobe Carolyn S and Jobe Brian R
Seller's Agent
Joe Hickman
First Neighborhoods Realty
Buyer's Agent
Laurence Eaton
Hemlock Realty LLC
List Price
$440,000
Sold Price
$440,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%
Original Mortgage
$428,041
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 5, 2016
Sold by
Mitchell Brian S and Mitchell Lindsay N
Bought by
Peppers Kathleen S and Joy Rachelle M
Seller's Agent
Jessica Rodocker
First Neighborhoods Realty
Buyer's Agent
Zach Ivey
Keller Williams Realty
Sold Price
$274,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$283,971
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 2010
Sold by
Gmac Mortgage Llc
Bought by
Mitchell Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,190
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2009
Sold by
Merry Elizabeth A and Merry Scott C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 19, 2007
Sold by
Get Real Property Management Llc
Bought by
Merry Elizabeth A and Merry Scott C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2007
Sold by
Williams James V and Williams Vicki L
Bought by
Get Real Property Management

Purchase Details

Closed on
Mar 3, 1998
Sold by
Black Black W and Black Cora Dell C
Bought by
Williams James and Williams Vicki L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moriarty Daniel P $550,000 Tallent Title
Jobe Carolyn S $440,000 --
Peppers Kathleen S $274,900 Concord Title
Mitchell Brian S $77,500 Associates Closing & Title
Gmac Mortgage Llc -- Associates Closing & Title
Federal National Mortgage Association $142,667 None Available
Merry Elizabeth A -- None Available
Get Real Property Management $86,228 None Available
Williams James $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moriarty Daniel P $522,500
Previous Owner Jobe Carolyn S $428,041
Previous Owner Peppers Kathleen S $283,971
Previous Owner Mitchell Brian S $132,000
Previous Owner Mitchell Brian S $149,190
Previous Owner Merry Elizabeth A $148,500
Previous Owner Williams James $80,250
Previous Owner Williams James $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $550,000 +2.8% $246 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $534,900 +21.6% $240 / Sq Ft
11/21/2022 11/21/22 Sold $440,000 0.0% $205 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $440,000 0.0% $205 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $440,000 +60.1% $205 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
10/05/2016 10/05/16 Sold $274,900 -- $128 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,722 $100,325 $0 $0
2023 $3,722 $100,325 $0 $0
2022 $2,743 $73,950 $0 $0
2021 $2,947 $64,300 $0 $0
2020 $2,947 $64,300 $0 $0
2019 $2,947 $64,300 $0 $0
2018 $2,947 $64,300 $0 $0
2017 $2,947 $64,300 $0 $0
2016 $1,673 $0 $0 $0
2015 $1,673 $0 $0 $0
2014 $1,673 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1259698

East Tennessee REALTORS® MLS

APN: 058MB-018